Revenue CollapseThe collapse of revenue to zero in the last two fiscal years indicates severe operational challenges, undermining the company's ability to generate cash flow and maintain financial stability, which could jeopardize long-term viability.
Negative Cash FlowPersistent negative operating cash flow suggests that Triangle Energy cannot fund its operations internally, increasing reliance on external financing or asset sales, which could strain financial resources and limit growth potential.
Legal DisputesOngoing legal disputes, such as the one against Echelon Energy, may divert management focus and resources, potentially impacting operational dynamics and stakeholder relationships, which could affect long-term strategic execution.